Shangwei Co., Ltd. is a leading enterprise in nuclear power cable. It won the bid for the "Hualong 1" unit project and is committed to taking the road of high-quality development.
on August 17, a group of securities investors entered Shangwei Co., Ltd. (603333) located in Leshan high tech Zone, Sichuan Province, to conduct in-depth field research in the workshop and jointly explore the road of high-quality development of the company. Financial investment daily conducted a full follow-up interview
in the first half of 2019, sunway achieved an operating income of 908 million yuan, an increase of 36.04% year-on-year; The net profit was 62.8465 million yuan, an increase of 135.53% year-on-year; The net profit after non deduction was 56.0387 million yuan, a year-on-year increase of 127.15%; The basic earnings per share was 0.12 yuan, a year-on-year increase of 140%
■ our newspaper Yang CHENGWAN
"let every cable have nuclear power quality"
"the quality control system of cables for nuclear power plants is the most stringent among many products in the cable industry." Wu Qingzhen, deputy general manager of the company, said that among the more than 5000 large-scale enterprises in the domestic cable industry, only more than 10 enterprises have the ability to design and manufacture cables for nuclear power plants, and at present, less than 10 enterprises can really supply goods, and the company is the only enterprise that has won the title of "class a excellent supplier" of CGNPC for four consecutive years
at present, the company has won the bid for the world's first reactor demonstration project of "Hualong No.1" - China Nuclear Power Fuqing nuclear power plant unit 5&6 project, and the world's first high temperature gas cooled reactor nuclear power plant demonstration project - Shidaowan nuclear power plant project. At the same time, the company continues to provide bulk supplies for Yangjiang and Hongyanhe Nuclear power plant projects and other nuclear power supporting equipment manufacturers. In the first half of the year, the sales revenue of nuclear power and new energy cables was 127million yuan, an increase of 262.86% year-on-year
in Wu Qingzhen's view, this is by no means accidental. The company strictly controls each production process to ensure high safety and reliability of products, so that every cable has nuclear power quality
in November 2018, the company's "civil nuclear safety equipment design license" and "civil nuclear safety equipment manufacturing license" were successfully expanded, which means that the company's nuclear power products fully cover all cable categories of the third-generation nuclear power plant "Hualong 1", and the company has become a leading cable enterprise in the field of nuclear power technology
in terms of track cable business, Wu Qingzhen said that the company participated in the construction of subway projects in more than 20 cities in Xi'an, Beijing and Chengdu, and could not adopt this method, as well as the supply of Intercity Track cables such as Shanghai Nanjing line, Shanghai connect line, Nanjing Qidong line, Nanchang Jiangxi line and Beijing Yuanyuan line. In the first half of the year, the company achieved a sales revenue of 159 million yuan of track cables, an increase of 103.85% year-on-year, accounting for 17.51%
in addition, in the first half of the year, the company achieved a cable sales revenue of 540 million yuan in the fields of electrical equipment, iron and steel metallurgy and petrochemical industry, with a year-on-year increase of 98 Curve traversal, superposition, separation, scaling, printing and other operations can be carried out anytime and anywhere, accounting for 53%, accounting for 59.47%
promote high-quality development with multiple approaches
"in the first half of the year, the weighted average return on net assets of the company was 4.34%, an increase of 2.48 percentage points year-on-year, and this indicator will be further improved in the future." Wu Qingzhen believes that this is due to the company's adherence to the road of high-quality development
at present, the company has 342 technicians, accounting for 31% of the total number of the company. The company has two provincial enterprise technology centers and engineering technology centers, and has obtained 176 national patents, including 42 invention patents, 25 national and provincial scientific and technological achievements appraisals, and 12 scientific and technological progress awards
in terms of optimizing the product structure, the company has increased the production of high value-added products such as nuclear power cables, track cables and submarine cables. In the first half of this year, the proportion of sales revenue of the company's high value-added products increased to 31.50%, a year-on-year increase of 14.56 percentage points, and the company's comprehensive gross profit margin increased to 21.05%, a year-on-year increase of 3.87 percentage points, a new high in recent years, so that the growth rate of net profit is much higher than that of operating revenue
in terms of market development, the company established an international business department, and established a strategic partnership with large central enterprises to jointly develop the operation steps of fatigue endurance testing machines in the form of a consortium and send them to overseas markets, focusing on Africa, the Middle East and Southeast Asia along the "the Belt and Road". In the first half of the year, the company achieved a sales revenue of 139 million yuan in overseas markets, an increase of 34.95% year-on-year. At the same time, the company has set up a major project department to further strengthen the competitive advantage in the fields of new energy, electrical equipment, chemical industry and metallurgy represented by nuclear power
it is expected to achieve an operating income of 2.5 billion yuan this year.
the company's 2018 annual report predicts that it is expected to achieve an income of 2.5 billion yuan in 2019. In order to achieve this goal, the company will invest no less than 3% of its sales revenue every year to develop high value-added cable products, and plans to apply for academician expert workstations, national technology centers, provincial key laboratories, etc; Start the MES system (manufacturing enterprise production process execution system) project jointly built with Siemens to build an industry-leading digital chemical plant
in terms of industrial development, according to the strategic cooperation agreement signed between the company and Dafeng district government of Yancheng City, Jiangsu Province, we will actively promote the investment and construction of special cable industrial park focusing on submarine cables in Dafeng District, and promote the construction of offshore wind energy development, new energy and other projects
in terms of product manufacturing, the company will cooperate with Shenyang Ike Technology Co., Ltd. in the field of mineral insulated cables with high flame retardant and fire protection characteristics; It will further consolidate and strengthen the competitive advantages in the fields of iron and steel metallurgy, petrochemical industry, electrical equipment, etc. 5. Do not randomly move the components of each unit; Investment in railway and urban rail transit cables will be increased; It is planned to build a domestic leading submarine cable industry base in coastal areas rich in wind energy resources
in terms of product sales, the company will ensure the perfect delivery of "Hualong 1" - units 5&6 of China Nuclear Power Fuqing nuclear power plant; At the same time, we will seize the investment opportunity of the "the Belt and Road", further strengthen the close cooperation with central enterprises such as Sinosteel Equipment Co., Ltd., China Power Construction Group, China energy construction group, and explore the mode of undertaking foreign EPC general contracting business in the form of a consortium